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Archive - 6/18/2026 - Sign In to see current Signals. |
Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Euro Currency Trust (FXE). During the week, the FXE gave back -1.06 points, or -0.99%, and closed at 105.77 on Thursday, June 18, 2026. Weekly volume was -55% below average.
Long-term trend: [See FXE long-term trend chart] A long-term uptrend had started on January 13, 2025 at 94.08 and reached 111.54 on January 27, 2026. FXE gained -17.46 points, or -18.56%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (114.64) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXE may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See FXE medium-term trend chart] A medium-term downtrend had started on January 27, 2026 at 111.54 and reached 105.37 on March 13, 2026. FXE lost 6.17 points, or 5.53%, in 6 weeks. The price is now at the 6.48% retracement level.
Weekly Technical Indicators: [See FXE weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since February 20, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See FXE short-term trend chart] A short-term downtrend had started on April 17, 2026 at 109.30 and reached 105.70 on June 18, 2026. FXE lost 3.60 points, or 3.29%, in 62 days. The chart has formed a Falling Channel chart pattern. The price is near the trend support (105.86) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See FXE daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. The daily MACD line is below its signal line since June 16, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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